United Fire Group (NASDAQ: UFCS) boosts director stock plan share pool
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
United Fire Group, Inc. reports that shareholders approved amendments to its Non-Employee Director Stock Plan at the 2026 Annual Meeting of Shareholders held on May 20, 2026. The amendments increase the number of shares available for future awards under the plan from 450,000 to 865,114.
The amendments also extend the plan’s expiration date from December 31, 2029 to December 31, 2034, providing a longer runway for granting equity awards to non-employee directors. The first amendment to the plan is filed as Exhibit 10.1 and is incorporated by reference.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Shares available under director plan (new): 865,114 shares
Shares previously available under plan: 450,000 shares
Original plan expiration: December 31, 2029
+2 more
5 metrics
Shares available under director plan (new)
865,114 shares
Amended Non-Employee Director Stock Plan, approved May 20, 2026
Shares previously available under plan
450,000 shares
Prior capacity for future awards under director plan
Original plan expiration
December 31, 2029
Prior expiration date of Non-Employee Director Stock Plan
New plan expiration
December 31, 2034
Extended expiration date after shareholder-approved amendments
Annual meeting date
May 20, 2026
2026 Annual Meeting of Shareholders approving plan amendments
Key Terms
Non-Employee Director Stock Plan, Annual Meeting of Shareholders, definitive proxy statement, Exhibit 10.1, +1 more
5 terms
Non-Employee Director Stock Plan financial
"shareholders approved amendments to the United Fire Group, Inc. Non-Employee Director Stock Plan"
definitive proxy statement regulatory
"As described in the Company’s definitive proxy statement for the Annual Meeting of Shareholders"
A Definitive Proxy Statement is a detailed document that a company sends to its shareholders before a big meeting, like voting on important decisions. It explains what's being voted on and gives important information so shareholders can make informed choices. It matters because it helps shareholders understand and participate in key company decisions.
Exhibit 10.1 regulatory
"the full text of the Plan, which is filed as Exhibit 10.1"
Cover Page Interactive Data File technical
"Exhibit 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document.)"
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 20, 2026
(Exact name of registrant as specified in its charter)
| (State of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
| (Address of principal executive offices) (Zip Code) | ||||||||
Registrant's telephone number, including area code: (319 ) 399-5700
_______________________N/A________________________
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||||||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||||||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||||||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | ||||||||
Securities Registered Pursuant to Section 12(b) of the Exchange Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
At the 2026 Annual Meeting of Shareholders of United Fire Group, Inc. (the “Company”) held on May 20, 2026, the Company’s shareholders approved amendments to the United Fire Group, Inc. Non-Employee Director Stock Plan, as amended (the “Plan”). The Company’s Board of Directors had previously approved the amendments to the Plan, subject to shareholder approval. As described in the Company’s definitive proxy statement for the Annual Meeting of Shareholders filed with the Securities and Exchange Commission on April 7, 2026 (the “Proxy Statement”), the amendments to the Plan increased the number of shares available for future awards under the Plan from 450,000 to 865,114 and extended the expiration date of the Plan from December 31, 2029 to December 31, 2034. This description of the amendments to the Plan are qualified in their entirety by the full text of the Plan, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit 10.1 | First Amendment to the United Fire Group, Inc. Non-Employee Director Stock Plan (Incorporated by reference to Appendix A to the Company’s Definitive Proxy Statement filed with the SEC on April 7, 2026) | ||||
| Exhibit 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document.) | ||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| United Fire Group, Inc. | ||||||||
| (Registrant) | ||||||||
| Dated: | May 26, 2026 | /s/ Kevin Leidwinger | ||||||
| Kevin Leidwinger, Chief Executive Officer | ||||||||
1
FAQ
When does United Fire Group’s amended Non-Employee Director Stock Plan expire?
The plan’s expiration date is extended to December 31, 2034. Before the amendment, it was scheduled to expire on December 31, 2029, giving the company an additional five years to grant director equity awards.
Where can investors find the full text of United Fire Group’s amended director stock plan?
The full text of the amended Non-Employee Director Stock Plan is filed as Exhibit 10.1 and incorporated by reference. It is also identified as Appendix A to the company’s definitive proxy statement filed on April 7, 2026.
What prior filing describes United Fire Group’s director stock plan amendments in detail?
The amendments are described in the definitive proxy statement for the 2026 Annual Meeting of Shareholders. That proxy statement was filed with the Securities and Exchange Commission on April 7, 2026 and includes Appendix A containing the plan amendment.